Pathfinder Hires Medical Device Veteran as President and CEO(2)

NASHVILLE, Tenn., March 5, 2012 /PRNewswire-iReach/
-- Pathfinder Therapeutics, a medical device company with first to
market products for "surgical GPS" of the abdomen, is pleased to
announce that it has hired Jim Cloar as President and CEO,
effective immediately. Mr. Cloar previously held the position of
General Manager of the Navigation and Imaging division at
Medtronic. Under his leadership, the division globally launched
numerous new products in the field of Cranial Neurosurgery, ENT,
Spine and Orthopedics. Jim's leadership provided the drive to
successfully acquire and integrate Breakaway Imaging, expand
partnerships with synergistic organizations and develop a highly
successful service organization leading to rapid growth during a
very difficult time for capital equipment. Mr. Cloar has held
increasingly complex leadership positions in device company leaders
including Medtronic Sofamor Danek, Depuy Orthopaedics, Smith &
Nephew and C. R. Bard.

"We conducted a nationwide search to find the best leader at
this critical time in our company's history, to take the company to
the next level of commercial success," said Marc Buntaine,
Executive Chairman of Pathfinder. "We are thrilled to have Jim on
board, and we look forward to exciting growth for the company."

Mr. Cloar takes this key leadership role in advance of the
American Hepato Pancreato-Billary Association (AHPBA) conference,
where Pathfinder will showcase their image-guided liver surgical
products utilized across the United States in leading cancer
centers daily. The first installations of Pathfinder's systems are
at UPMC, Memorial Sloan-Kettering, Barnes Jewish Hospital and
NIH.

"I am excited to lead a dynamic organization with innovative
products that is committed to helping patie